Under Eagie Co\'s job order costing system, manufacturing overhead is applied to

Question

Under Eagie Co's job order costing system, manufacturing overhead is applied to sing o predetermined annual overhead rate. During February, Eagle's transoctions included the Direct materials issued to production $ 96,000 14,000 Manufacturing overhead Incurred Manufacturing overhead applied Direct labor costs 119,000 113,000 Eagle had nelther beginning nor ending inventory in Work-in-Process Inventory What was the cost of jobs completed in February? QPA adapted O $314,000o O $354,000 O $328,000 O $340000

Explanation / Answer

Correct answer is C

Raw material used in production 96000 Direct labor 113000 manufacturing cost applied 119000 Total manufacturing cost 328000 Add Beginning work in progress 0 328000 less Ending work in progress 0 Cost of goods manufactured 328000

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